AccessBank Contributed AZN 11.5 mln to State Budgets
OREANDA-NEWS. May 23, 2011. AccessBank made public its contributions to the Azerbaijan state budgets for 2010. The total amount paid by AccessBank was AZN 11.5 million, including allocations to the State Social Protection Fund and taxes withheld at the source of payment. This reflects AccessBank’s stable development in all areas. AccessBank has always been committed to fulfilling all its legal obligations – including tax obligations – and makes a significant contribution to the development of Azerbaijan.
General Manager of AccessBank, Andrew Pospielovsky, announcing these results, said, “AccessBank always strives for transparency in all of its activity and by making public our contributions to state budgets for 2010 we aim to be transparent in our tax obligations as well”.
AccessBank’s mission is to provide financial services for Azerbaijan’s micro and small businesses and low- and middle-income households. AccessBank has been recognized by the International Fitch Rating Agency as the most reliable bank in Azerbaijan among private banks (BB+), and AccessBank was named “Best Bank in Azerbaijan” by both Global Finance (2011) and Euromoney (2010) magazines in their annual awards.
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